At least they are regulated.
I have noticed while doing research that there are some states that have
absolutely no regulations. To me, that is giving free rein for the pdl
industry to do whatever they wish.

So many loan companies are
violating the state laws. At least, it's good to see some are facing
actions quick enough than others who are continuing their misdeeds. The
truth will always get uncovered. Sometimes, it only takes longer to get
results.

Yup!
I'm afraid that's the reason why these guys will be around a lot longer,
and it will be harder to shut them down!
For instance, QuikPayday..they got sued and shut down in Colorado, but
ended up reopening another internet business by finding pdl's for people
instead of funding it themselves!~

While it's great that a big
PDL is actually going down somewhere in the US, it just shows that our
work is nowhere finished.
I have adopted this issue as my own and am emailing politicians in
California for their positions on it. It's an election year, right? AND
I VOTE!!!
I'll let my new friends on this wonderful site know what I find out. And
btw, I LOVE this site and I LOVE you all!!!

By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.

Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.

Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.

Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.

The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.